Monday, May 25, 2015Monday, May 25, 2015

China Resources chairman sacked amid corruption investigation

Published on Apr 19, 2014 11:46 AM

BEIJING (REUTERS) - A Chinese executive under investigation for suspected corruption has been sacked as chairman of powerful state-owned conglomerate China Resources Holdings Co Ltd, the official Xinhua news agency said on Saturday.

Citing an official with the Organisation Department of the ruling Communist Party's Central Committee, Xinhua said Mr Song Lin was fired because he was suspected of "serious discipline and law violations" - party shorthand for corruption.

Mr Song appears to be the latest official to fall in President Xi Jinping's campaign against corruption. Mr Xi was vowed to target high-flying "tigers" as well as lowly "flies".

Mr Song was also sacked from his position as the company's party chief, Xinhua said.

Enjoy 2 weeks of unlimited digital access to The Straits Times. Get your free access now!